89th Legislature, Regular Session
HB 4478
Relating to the determination of the capitalization rate to be used in the appraisal for ad valorem tax purposes of certain property used for low-income housing.
Passed Committee
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Sponsors
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Primary sponsor
Turner
HouseTXDemocrat
Cosponsor
Martinez Fischer
HouseTXDemocrat
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89R24663 PRL-F By: Turner, Martinez Fischer H.B. No. 4478 Substitute the following for H.B. No. 4478: By: Martinez Fischer C.S.H.B. No. 4478 A BILL TO BE ENTITLED AN ACT relating to the determination of the capitalization rate to be used in the appraisal for ad valorem tax purposes of certain property used for low-income housing. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 11.1825, Tax Code, is amended by amending Subsections (q) and (r) and adding Subsection (r-1) to read as follows: